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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

Read more

Industry News

PG&E Corp. to Buy SoCal Wind Farm

LCG, Nov. 16, 2000--PG&E Corp.'s National Energy Group said Wednesday that it will acquire a 44.4 megawatt wind power facility located in the San Gorgonio Pass near Palm Springs, Calif. The transaction will take place when the installation begins commercial operation, PG&E said.

The project, called Mountain View Power partners, will be purchased from Seawest Wind Power Inc. It is currently under construction and is expected to be placed on-line in the spring of next year.

" It is a natural fit to add this emission-free, renewable energy resource to our western generationportfolio," said Thomas B. King, president and chief operating officer of the National EnergyGroup's Western Region.

The facility will consist of 74 600-kilowatt wind turbines manufactured by Mitsubishi Heavy Industries.

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